Significados de unrated notes en inglés

The unrated notes were sold to raise funds for "repayment of certain indebtedness and general corporate purposes," the termsheet said.

Previously, the unrated notes qualified as a Level 2 HQLA and were subject to a 15 percent haircut under LCR rules.

Corporate bonds rated Double A or higher pay a yield of 3%-4%, while unrated notes and those rated BBB+ or lower pay 5% or more.